OssDsign AB (OSTO:OSSD) Piotroski F-Score: 4 (As of Jun. 25, 2026) — Near Median


OSTO:OSSD OssDsign AB OSTO:OSSD
58 GF Score
Price kr4.17
GF Value kr11.03
Valuation Possible Value Trap
! 3 Warning Signs
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What is OssDsign AB Piotroski F-Score?

OssDsign AB OSTO:OSSD -1.42% 58 Piotroski F-Score is 4 as of Jun. 25, 2026, which is at its 10-year median of 4.00. GuruFocus rates OSTO:OSSD with a GF Score™ of 58/100 and a GF Value™ of kr11.03 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 805 Medical Devices & Instruments companies, OssDsign AB ranks worse than 56.52% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

OssDsign AB has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for OssDsign AB's Piotroski F-Score or its related term are showing as below:

OSTO:OSSD' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 6
Current: 4

During the past 9 years, the highest Piotroski F-Score of OssDsign AB was 6. The lowest was 3. And the median was 4.

OssDsign AB  (OSTO:OSSD) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


OssDsign AB Piotroski F-Score Related Terms


OssDsign AB Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for OssDsign AB's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

OssDsign AB Piotroski F-Score Chart

OssDsign AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 5.00 5.00 4.00 4.00 4.00

OssDsign AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 5.00 5.00 4.00 4.00

OSTO:OSSD vs ABT, SYK, MDT: Piotroski F-Score Comparison

For the Medical Devices subindustry, OssDsign AB's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OssDsign AB Piotroski F-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, OssDsign AB's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where OssDsign AB's Piotroski F-Score falls into.


OSTO:OSSD
58GF Score
OssDsign AB OSTO:OSSD
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -8.341 + -5.782 + -22.288 + -11.473 = kr-47.9 Mil.
Cash Flow from Operations was -11.895 + -9.379 + -16.886 + -14.866 = kr-53.0 Mil.
Revenue was 46.522 + 44.02 + 45.123 + 36.879 = kr172.5 Mil.
Gross Profit was 45.046 + 42.073 + 43.474 + 33.775 = kr164.4 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(285.172 + 427.957 + 430.707 + 397.874 + 377.504) / 5 = kr383.8428 Mil.
Total Assets at the begining of this year (Mar25) was kr285.2 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.2 Mil.
Total Current Assets was kr220.3 Mil.
Total Current Liabilities was kr26.5 Mil.
Net Income was -15.689 + -9.76 + -13.059 + -14.577 = kr-53.1 Mil.

Revenue was 29.737 + 35.728 + 41.446 + 44.493 = kr151.4 Mil.
Gross Profit was 27.701 + 34.608 + 40.134 + 42.875 = kr145.3 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(313.873 + 306.455 + 295.558 + 307.42 + 285.172) / 5 = kr301.6956 Mil.
Total Assets at the begining of last year (Mar24) was kr313.9 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.8 Mil.
Total Current Assets was kr122.1 Mil.
Total Current Liabilities was kr23.9 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

OssDsign AB's current Net Income (TTM) was -47.9. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

OssDsign AB's current Cash Flow from Operations (TTM) was -53.0. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=-47.884/285.172
=-0.1679127

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-53.085/313.873
=-0.16912892

OssDsign AB's return on assets of this year was -0.1679127. OssDsign AB's return on assets of last year was -0.16912892. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

OssDsign AB's current Net Income (TTM) was -47.9. OssDsign AB's current Cash Flow from Operations (TTM) was -53.0. ==> -53.0 <= -47.9 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0.156/383.8428
=0.00040642

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.789/301.6956
=0.00261522

OssDsign AB's gearing of this year was 0.00040642. OssDsign AB's gearing of last year was 0.00261522. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=220.341/26.465
=8.32575099

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=122.115/23.89
=5.11155295

OssDsign AB's current ratio of this year was 8.32575099. OssDsign AB's current ratio of last year was 5.11155295. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

OssDsign AB's number of shares in issue this year was 114.73. OssDsign AB's number of shares in issue last year was 97.659. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=164.368/172.544
=0.95261499

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=145.318/151.404
=0.95980291

OssDsign AB's gross margin of this year was 0.95261499. OssDsign AB's gross margin of last year was 0.95980291. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=172.544/285.172
=0.60505239

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=151.404/313.873
=0.48237344

OssDsign AB's asset turnover of this year was 0.60505239. OssDsign AB's asset turnover of last year was 0.48237344. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+1+0+1+1+0+0+1
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

OssDsign AB has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
OssDsign AB (OSTO:OSSD) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OssDsign AB and its competitors. This is near median its historical median of 4.00. Over the past decade, OssDsign AB's Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, OssDsign AB ranks #455 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 56.5%.
Is OssDsign AB's Piotroski F-Score too high?
OssDsign AB's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Medical Devices & Instruments industry median Piotroski F-Score is 5.00. OssDsign AB's value of 4 is 20% below this industry median. Based on the distribution chart, OssDsign AB ranks #455 out of 805 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, OssDsign AB has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OssDsign AB's Piotroski F-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, OssDsign AB ranks #455 out of 805 companies for Piotroski F-Score. This places OssDsign AB in the lower half of its industry. The industry median Piotroski F-Score is 5.00. OssDsign AB's value of 4 is 20% below this benchmark. Historically, OssDsign AB's own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, OssDsign AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Medical Devices & Instruments company?
The median Piotroski F-Score among Medical Devices & Instruments companies is 5.00, based on 805 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OssDsign AB's current Piotroski F-Score of 4 is 20% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on OssDsign AB and its competitors. For the Medical Devices & Instruments industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OssDsign AB's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OssDsign AB stock overvalued right now?
Based on GuruFocus' analysis, OssDsign AB (OSTO:OSSD) is currently considered Possible Value Trap. The stock's GF Value™ is kr11.03, compared to a current price of kr4.17 — trading 62.2% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Medical Devices & Instruments industry median of 5.00. OssDsign AB's overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For OssDsign AB (OSTO:OSSD), the current Piotroski F-Score is 4 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is OssDsign AB (OSTO:OSSD) Overvalued in 2026?

Based on GuruFocus' analysis, OssDsign AB stock appears to be undervalued. The current stock price of kr4.17 is trading 62.2% below its estimated GF Value™ of kr11.03. GuruFocus considers OssDsign AB to be Possible Value Trap.

Key valuation signals for OSTO:OSSD:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: kr11.03 vs. price of kr4.17 (62.2% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 20% below the Medical Devices & Instruments median (#455 of 805)

No single metric tells the full story. See the OSTO:OSSD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OssDsign AB Business Description

Other Exchanges 5J6:Germany
Address Ulls vag 29C, Uppsala, SWE, 75651
OssDsign AB is a developer and international provider of next-generation orthobiologics products. The company's product OssDsign Catalyst is a bone graft that stimulates the formation of healthy bone tissue in spinal fusion surgeries. Geographically the company generates revenue from the USA, Germany, Sweden and UK. The company generates the majority of its revenue from the USA region.
58GF Score

Get the complete analysis for OSTO:OSSD

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr4.17
Price
kr11.03
GF Value